Government regulations can increase _____, making goods and services more expensive.

Social Studies

2 answers:

Solnce55 [7]3 years ago

4 0

I would say production costs would be the answer

Alex17521 [72]3 years ago

3 0

Production costs can be affected in several ways by the decition a government makes, since this is defined as the costs incurred in order to make/produce goods and in several parts of the process the government is involved, for example taxes and work laws.

Correct answer is <u>A.) production costs</u>

In a more literal example, a government can establish a law that states the hour of work in a certain part of the process of producing chocolates has to be paid at a higher rate, this will affect the overall production cost.

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